Upgrade to SI Premium - Free Trial

Core AI and Allianca Group form joint venture for AI infrastructure

April 14, 2026 7:50 AM

Core AI Holdings Inc. (NASDAQ: CHAI) announced the formation of a strategic joint venture with Allianca Group Inc., an infrastructure advisory and execution firm, to develop AI-ready digital infrastructure capacity.



The partnership combines Core AI's AI infrastructure strategy and capital markets expertise with Allianca's turnkey delivery model. Allianca brings 40 years of combined industry experience, an annual project portfolio exceeding $6 billion, and contributions to delivering more than 720 MW of mission-critical data center capacity globally.



The joint venture plans to provide an integrated infrastructure platform covering site selection, preconstruction planning, modular deployment, construction execution, utility coordination, and commissioning. This approach aims to compress development timelines and reduce execution risk for AI infrastructure projects.



"AI is driving one of the largest infrastructure build cycles in modern technology history, and execution capability is now the scarce resource," said Aitan Zacharin, Chief Executive Officer of Core AI Holdings.



John C. Haley, Chief Executive Officer of Allianca Group, stated, "Speed and certainty of delivery are the new competitive moats in AI infrastructure. This joint venture with Core AI brings together the right partnership at exactly the right moment."



The joint venture will target markets where power availability, permitting environments, fiber connectivity, and construction readiness create near-term deployment opportunities. The platform will use modular deployment methodology designed to accelerate time-to-capacity while maintaining execution certainty for institutional capital and hyperscale tenants.



Core AI Holdings is a global AI technology and infrastructure company focused on developing AI-driven businesses. The company also operates Core Gaming, an AI-driven mobile game development and publishing business.

Categories

Corporate News